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Bayer signs agreement on management job cuts with labour reps

Bayer said it signed an agreement with shop stewards over a significant reduction in managerial jobs but ruled out compulsory redundancies until the end of 2026. “Bayer is currently in.

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Drugs group Sanofi makes Olympic jump in rebrand bid

Sanofi is hoping that by sponsoring the Olympic Games it can attract new talent, reward existing staff and shake off the French drugmaker's conservative image. Sanofi, which some estimate is spending tens of millions of euros on the Paris Games, says it has sometimes struggled to convince prospective young data managers and data scientists that a pharmaceuticals company is a "cool" place to work. "We're using the Olympics to show that we are," said JosepCatlla, head of corporate affairs at Sanofi, which is also supporting popular French breakdancer Dany Dann.

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BioNTech expects 2024 revenues of about $3.3 billion

COVID-19 vaccine maker BioNTech on Tuesday forecast total company revenues of about 3 billion euros for 2024, as it works to scale up its oncology business with product launches in the coming.

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BioNTech predicts return to revenue growth in 2025

(Reuters) -BioNTech said on Tuesday it expects to return to revenue growth in 2025 when the ongoing decline in its COVID-19 vaccine business would bottom out, and that it would invest to scale up its oncology business thereafter. The German biotech firm, which works with Pfizer on COVID shots, predicted total revenue of about 3 billion euros ($3.28 billion) for 2024, down from revenue of about 4 billion to 5 billion euros it had targeted for 2023. "BioNTech expects to grow its topline again in 2025," it said in a statement.

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German rail strikes can go ahead, court rules

A multi-day strike by German train drivers can go ahead as planned this week, a court ruled on Tuesday, dashing a last-ditch attempt by Deutsche Bahn to prevent the walkout that will severely. -January 09, 2024 at 02:26 pm EST - MarketScreener

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